Yen falls, Nikkei surges as Japan gets a new government

TOKYO (Reuters) - The yen fell to a 20-month low against the dollar on Wednesday, buoying the benchmark Nikkei stock average to nine-month highs, as Japan swore in a new prime minister eager to pursue drastic stimulus steps to drive the country's economy out of deflation. Asian shares and other assets were capped in thin holiday trade, with investors focusing on the fate of U.S. negotiations...

Read More..

News Analysis: Getting Polio Campaigns Back on Track

How in the world did something as innocuous as the sugary pink polio vaccine turn into a flash point between Islamic militants and Western “crusaders,” flaring into a confrontation so ugly that teenage girls — whose only “offense” is that they are protecting children — are gunned down in the streets? Nine vaccine workers were killed in Pakistan last week in a terrorist campaign that brought...

Read More..

Jack Klugman, Odd Couple and Quincy, M.E. Star, Dies

By Stephen M. Silverman 12/24/2012 at 07:35 PM EST Jack Klugman, The Odd Couple and Quincy, M.E. star beloved by TV, movie and theater audiences for five decades, died in Los Angeles on Monday, one of his sons told the Associated Press. He was 90."He had a great life and he enjoyed every moment of it and he...

Read More..

India Ink: Prime Minister Manmohan Singh Appeals for 'Peace and Calm'

On Monday morning Prime Minister Manmohan Singh addressed the nation and appealed for peace and calm in the wake of the protests that broke out in New Delhi following the gang rape of a 23-year old woman last Sunday. He spoke for the first time on national television after the incident, and assured that perpetrators of the crime would be punished and measures would be taken to ensure safety of women...

Read More..

RIM shares fall at the open after earnings

TORONTO (Reuters) – Research In Motion Ltd fell in early trading on Friday following the BlackBerry maker’s Thursday earnings announcement, when the company outlined plans to change the way it charges for services.RIM, pushing to revive its fortunes with the launch of its new BlackBerry 10 devices next month, surprised investors when it said it plans to alter its service revenue model, a move that...

Read More..

Sandy Hook Shootings: How to Cope

By Howard Breuer 12/23/2012 at 06:00 PM EST State police personnel lead children to safety away from the Sandy Hook Elementary School Shannon Hicks/Newtown Bee/Reuters/Landov The Sandy Hook massacre, in which 20 innocent children and six heroic elementary school faculty members were gunned...

Read More..

Asian shares steady, U.S. budget concerns weigh

TOKYO (Reuters) - Asian shares steadied in quiet pre-holiday trade on Monday from a slump late last week, with prices capped by nervousness about the risk of the United States failing to avert a fiscal crisis. European shares will likely be subdued, with financial spreadbetters predicting London's FTSE 100 <.ftse> and Paris's CAC-40 <.fchi> to open steady to 0.1 percent higher....

Read More..

India Ink: Police Crackdown in Delhi Sunday After Protests Over Rape

A week of growing anger about a recent rape in Delhi ended in violence Saturday after police and protestors clashed near the India Gate monument.On Sunday, Delhi police closed nearby Metro stations, evacuated protestors who had camped out overnight and reportedly imposed “Section 144,” a law prohibiting gatherings of more than four people. Like the protestors, the police took to social media to notify...

Read More..

Eric Ladin Welcomes a Son

Mom & Babies Celebrity Baby Blog 12/23/2012 at 12:00 AM ET Noah Graham/Noah Graham PhotographyEric Ladin is one killer new dad.The former Killing actor and his wife Katy welcomed their first child, son Maxfield David Ladin, on Friday, Dec. 21 in Los Angeles, his rep confirms to PEOPLE exclusively.“Wow!...

Read More..

Wall Street Week Ahead: A lump of coal for "Fiscal Cliff-mas"

NEW YORK (Reuters) - Wall Street traders are going to have to pack their tablets and work computers in their holiday luggage after all. A traditionally quiet week could become hellish for traders as politicians in Washington are likely to fall short of an agreement to deal with $600 billion in tax hikes and spending cuts due to kick in early next year. Many economists forecast that this...

Read More..